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New Lease on Life

December 16, 2014

The Ruhr Valley used to stand for coal and steel. Today it stands for unemployment and empty city coffers. But there are also bright spots in Europe's third biggest industrial region: new industrial locations on derelict land and revitalized neighborhoods.

https://p.dw.com/p/1E5uz

For the first time in Germany, major corporations are working together to improve the economic strength of their location. Companies like Evonik or Thyssen-Krupp are shelling out cash to demonstrate what's possible.